Thursday, September 20, 2007

Middle East Connections

Irans economy is being effected by the nations around it becuse of its huge export in oil. Iran used to sell most of its oil using the US currency, but latley it has been incresinlgy using other currenccies bcecause the value of the US dollar has started to drop in value. Also oil prices are very high, and this is belived to have occured because of the worlds ecconomy more than because of shock events.

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